Shares of KBR, Inc. (NYSE:KBR) have been assigned a consensus recommendation of “Buy” from the twelve analysts that are covering the company, Marketbeat Ratings reports. Six equities research analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $24.33.
A number of brokerages have recently issued reports on KBR. Zacks Investment Research lowered shares of KBR from a “buy” rating to a “hold” rating in a research note on Monday, May 20th. KeyCorp upped their price objective on shares of KBR from $24.00 to $30.00 and gave the stock an “overweight” rating in a research note on Monday, May 6th. Deutsche Bank set a $24.00 price objective on shares of KBR and gave the stock a “hold” rating in a research note on Thursday, May 2nd. Macquarie set a $25.00 price objective on shares of KBR and gave the stock a “hold” rating in a research note on Thursday, May 2nd. Finally, ValuEngine raised shares of KBR from a “hold” rating to a “buy” rating in a research note on Wednesday, May 1st.
Shares of KBR traded up $0.34 during trading hours on Monday, reaching $24.94. 1,430,766 shares of the company traded hands, compared to its average volume of 1,113,330. The stock has a market capitalization of $3.48 billion, a price-to-earnings ratio of 16.30, a price-to-earnings-growth ratio of 1.65 and a beta of 1.41. KBR has a 12-month low of $13.90 and a 12-month high of $25.04. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 0.81. The stock has a fifty day moving average of $23.11.
KBR (NYSE:KBR) last issued its earnings results on Wednesday, May 1st. The construction company reported $0.36 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.33 by $0.03. The firm had revenue of $1.34 billion during the quarter, compared to analyst estimates of $1.20 billion. KBR had a net margin of 3.51% and a return on equity of 12.84%. On average, equities analysts expect that KBR will post 1.66 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 15th. Investors of record on Monday, June 17th will be paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 1.28%. The ex-dividend date of this dividend is Friday, June 14th. KBR’s dividend payout ratio (DPR) is presently 20.92%.
A number of large investors have recently added to or reduced their stakes in KBR. Sageworth Trust Co bought a new position in KBR in the first quarter worth about $35,000. State of Alaska Department of Revenue bought a new position in KBR in the first quarter worth about $102,000. NumerixS Investment Technologies Inc bought a new position in KBR in the fourth quarter worth about $182,000. Summit Securities Group LLC bought a new position in KBR in the first quarter worth about $239,000. Finally, Neuburgh Advisers LLC raised its holdings in KBR by 5.3% in the fourth quarter. Neuburgh Advisers LLC now owns 17,006 shares of the construction company’s stock worth $258,000 after purchasing an additional 858 shares in the last quarter. 98.86% of the stock is owned by institutional investors.
KBR Company Profile
KBR, Inc provides professional services and technologies across the asset and program life-cycle within the government services and hydrocarbons industries worldwide. The company operates through three segments: Government Services, Technology & Consulting, and Engineering & Construction. The Government Services segment offers life-cycle support solutions to defense, space, aviation, and other programs and missions for government agencies in the United States, the United Kingdom, and Australia.
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